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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net loss $ (13,000) $ (126,503) $ (32,848)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation 126,583 121,644 119,441
Amortization 16,180 14,554 12,057
Straight-line rent adjustments (5,166) (1,989) (2,686)
Provision for doubtful accounts   2,461 1,763
Non-cash lease termination revenue   (4,200)  
Amortization of deferred compensation 6,212 6,925 5,709
Gain on debt extinguishment, net (24,859) 0 0
Insurance recoveries in excess of property loss (3,861) (689)  
Gain on sale of interests in real estate and non-operating real estate, net (5,474) (9,625) (881)
Equity in income of partnerships (8,289) (11,375) (14,367)
Gain on sale of real estate by equity method investee (553) (2,772) (6,567)
Cash distributions from partnerships 22,570 9,421 16,849
Amortization of historic tax credits   (829) (1,768)
Impairment of assets 1,455 129,365 55,793
Impairment of development land parcel 3,562    
Impairment of mortgage loan receivable   8,122  
Change in assets and liabilities:      
Net change in other assets (4,191) (5,998) (5,652)
Net change in other liabilities 223 6,352 (4,752)
Net cash provided by operating activities 111,392 134,864 142,091
Cash flows from investing activities:      
Investments in consolidated real estate acquisitions   (17,611)  
Cash proceeds from sales of real estate 50,407 13,730 77,778
Cash proceeds from sale of mortgage 8,000    
Net proceeds from insurance claims related to damage to real estate assets 6,977 700  
Cash distributions from partnerships of proceeds from real estate sold 879 19,727 30,265
Investments in partnerships (72,939) (58,112) (73,434)
Investments in real estate improvements (34,260) (35,170) (51,949)
Additions to construction in progress (113,791) (75,649) (116,550)
Capitalized leasing costs (568) (12,022) (6,066)
Distribution of financing proceeds from equity method investee 25,000 123,000 35,221
Additions to leasehold improvements and corporate fixed assets (1,055) (160) (683)
Net cash used in investing activities (131,350) (41,567) (105,418)
Cash flows from financing activities:      
Net proceeds from issuance of preferred shares     286,847
Redemption of Series A Preferred Shares     (115,000)
Borrowings under revolving facilities 190,000 12,000 56,000
Repayments of mortgage loans and finance lease liabilities (71,387)   (150,000)
Proceeds from mortgage loans   10,185  
Principal installments on mortgage loans (17,911) (18,655) (17,945)
Payment of deferred financing costs (95) (5,529) (71)
Value of shares of beneficial interest issued 1,256 1,410 2,085
Dividends paid to common shareholders (63,787) (59,145) (58,651)
Dividends paid to preferred shareholders (27,375) (27,375) (27,403)
Distributions paid to Operating Partnership unit holders and noncontrolling interest (3,004) (6,949) (6,970)
Value of shares retired under equity incentive plans, net of shares issued (556) (747) (1,477)
Net cash provided by (used in) financing activities 7,141 (94,805) (32,585)
Net change in cash, cash equivalents, and restricted cash (12,817) (1,508) 4,088
Cash, cash equivalents, and restricted cash, beginning of period 32,445 33,953 29,865
Cash, cash equivalents, and restricted cash, end of period $ 19,628 $ 32,445 $ 33,953